Staff Accountant
Hybrid Remote Mount Prospect, IL
Description

American Freedom Insurance Company (AFIC) is a midsized, profitable, and expanding nonstandard automobile insurance company doing business in Illinois, Indiana, Pennsylvania, Tennessee, Texas and licensed in Ohio. We are looking for someone that can contribute in a fast paced, growing organization. AFIC is financially strong and has earned an “A+” Superior rating from A.M. Best.


The position is hybrid (or full-time in office if preferred) and the office is located in Mount Prospect, Illinois, a suburb of Chicago

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Responsibilities:

  • Responsible for Accounts Receivable and Accounts Payable
  • Review bank payments for accuracy, including Positive Pay
  • Lead collection of overdue balances including emailing/calling insurance agents when necessary
  • Update collections spreadsheet 2x/month
  • Account for bad debt write-offs
  • Enter payments into accounting software
  • Run month-end reports
  • Reconcile workpapers
  • Initiate Electronic Funds Transfer of commission payments
  • Make journal entries for commissions, refunds, fees, chargebacks, etc.
  • Print and email agency statements and summaries
  • Reconcile producer payments, bank deposits, refunds and workpapers, including collections
  • Review invoices to confirm amounts are approved/accurate and prepare and issue weekly expense checks
  • Ensure financial data complies with professional and regulatory standards
  • Identify and implement process improvements
  • Collaborate with other units to gather, analyze, and interpret relevant information
  • Additional responsibilities as assigned
Requirements
  • Insurance company accounting experience including statutory accounting principles is a plus
  • BA/BS degree in Accounting preferred
  • 3+ years experience in accounts payable and/or receivable
  • Experience with QuickBooks a plus
  • Proficiency in MS Office, especially advanced Excel skills with V-Look Ups and Pivot Tables experience 
  • Strong work ethic and ability to innovate
  • Responsible and conscientious nature
  • Exceptional attention to detail
  • Analytical aptitude
  • Strong organizational skills
  • Excellent communication skills to interact with agents and varying levels of management and staff
  • Team player with ability to work independently after training with little to no supervision


Benefits: AFIC offers a competitive salary and a comprehensive benefits package to support you

  • Competitive Salary: Rewarding your expertise and experience
  • Financial Security: 401K with up to a 6% company match
  • Health & Wellness: Choice of Blue Cross Blue Shield PPO, HMO, or HSA plans, Dental and vision insurance, Access to      telemedicine services
  • Growth/Stability: Over 12 consecutive years of profitable growth, confirmed by A+ Superior rating by A.M. Best
  • Work-Life Balance: Monday-Friday, 8 am-5 pm CST 
  • Holidays: At Least 6 Paid Holidays
  • Paid Time Off (PTO): PTO that can be used for vacation, personal, or sick time
  • Personal Days: Separate personal days for sickness, family needs, appointments or personal matters
  • Employee Recognition: We celebrate work milestones to show appreciation for your contributions
  • Professional Growth: Paid training, state licensing reimbursement, and opportunities for advancement
  • Positive Culture: Enjoy our inclusive holiday events, employee referral bonuses, and more
Salary Description
$75,000.00 - $90,000.00 per year